Investment Opportunity in Prime Sandown – Multi-Unit Income Property in the Secure Edward Rubenstein Enclosure
Positioned in sought-after Sandown, this versatile income-generating property presents an exciting opportunity for investors looking to establish or expand a residential rental portfolio in a prime location close to the Sandton CBD, major business hubs and key transport routes.
Set on a generous erf, the property has been configured into multiple rental units, offering flexible accommodation suitable for young professionals, corporate tenants and individuals seeking convenient access to the greater Sandton area.
The accommodation is spread across the main residence, including upstairs units, together with additional accommodation in a separate cottage. The units offer practical bachelor-style living, with tiled interiors and private bathroom facilities.
Investment Highlights:
Multiple rental units across the property
Potential rental income of approximately R42,000 per month when fully let, subject to occupancy and prevailing rental rates
Solar system comprising 13 panels, 5kVA inverter and 3 batteries
Generous erf with ample on-site parking
Swimming pool, currently not operational and requiring attention
Excellent Sandown location with convenient access to Sandton and surrounding commercial nodes
The property requires some maintenance and attention, presenting an opportunity for an investor to improve and further enhance its value and income-generating potential
With its prime location, multiple income streams and scope for improvement, this property presents an attractive opportunity for an investor who can see its potential. Some maintenance and upgrading will be required, including attention to the swimming pool, and the property has been positioned accordingly as an investment opportunity with further value-add potential.
Rental schedules and property-related information are available to serious prospective purchasers on request.